MORE ABOUT South Africa

South Africa's Economic Residency

Business visa program for entrepreneurs and investors seeking residency rights in South Africa's dynamic economy.

MOBILITY ASSSET SNAPSHOT

Discover South Africa - Economic Residency

Establish or invest in a business venture in South Africa's diverse economy with access to emerging markets and skilled workforce while maintaining strategic presence in Africa's most industrialized nation

South Africa
Mobility Asset Index Score
68.88%
Mobility Asset Type
Economic Residency
Official Name
Business Visa
Launched in:
2002
Online Submission:
Não
Residency Privileges
(in months)
3
Adjudication Time
(in months)
5
Minimum Stay Requirement
(in days)
183
In-Country Presence Requirement
(in months)
3

Visão geral

A Snapshot of South Africa - Economic Residency

A business visa pathway for investors to live and work in South Africa's growing economy

Requisitos de elegibilidade

Substantial investment capacity and business experience

Restrições do ancestral da âncora

Meses para a cidadania

Duração do visto

3 year visa

Meses para o visto

5 months

Requisito de presença física

Must live in the country for at least 183 per year

Disponibilidade

In-person application

Bolsa Família

Cônjuge e filhos

Visão geral

How to Apply for South Africa - Economic Residency

Submit application through VFS Global service center + Complete in-person interview at Department of Home Affairs

Visão geral

Discover How GlobalPassport Simplifies the Application Process for South Africa's Economic Residency

Orientação passo a passo

Nossa equipe experiente o orientará em cada etapa do processo de solicitação, oferecendo assistência personalizada e adaptada às suas necessidades.

Preparação de documentos

Nós o ajudaremos a reunir e organizar os documentos necessários para a solicitação.

Envio de aplicativos

Quando seus documentos estiverem prontos, informaremos onde e como enviar sua solicitação às autoridades competentes.

Dúvidas?

FAQ's

Find answers to common questions about GlobalPassport™ and our services.

What is the minimum investment amount?

Ícone de adição

Can I apply for permanent residency later?

Ícone de adição

How long does the application take?

Ícone de adição

Do I need to hire local employees?

Ícone de adição

Can my family join me on this visa?

Ícone de adição

Ícone de adição

benefits

Benefits South Africa - Economic Residency

  • Clear regulatory framework with potential investment requirement reductions in strategic sectors
  • Access to major African markets and established business infrastructure with skilled labor pool
  • Freedom to manage your own business while building long-term assets
  • Fast Processing Time
  • Cheap investment options (compared to other Residence by Investment Programs)
  • Program Stability

Clear regulatory framework with potential investment requirement reductions in strategic sectors

Access to major African markets and established business infrastructure with skilled labor pool

Freedom to manage your own business while building long-term assets

Fast Processing Time

Cheap investment options (compared to other Residence by Investment Programs)

Program Stability

Países com isenção de visto

96

Passport Validity

10 years, 5 for children

Visão geral

Dúvidas?

FAQ's

Find answers to common questions about GlobalPassport™ and our services.

What is the minimum investment amount?

Ícone de adição

Can I apply for permanent residency later?

Ícone de adição

How long does the application take?

Ícone de adição

Do I need to hire local employees?

Ícone de adição

Can my family join me on this visa?

Ícone de adição

Ícone de adição

REQUIREMENTS

Requirements for South Africa - Economic Residency

Check if you qualify based on your family history

Direct Ancestral Connection

Not applicable

Documentation

Proof of investment: supporting documents of the investment made in any of the eligible investment types

Unbroken Chain of Citizenship

Not applicable

Legal Compliance

Criminal Record: A clean criminal record is required

REQUIREMENTS

Requirements South Africa - Economic Residency

  • Proof of investment: supporting documents of the investment made in any of the eligible investment types
  • Criminal Record: A clean criminal record is required
  • Minimum Investment Amount+Applicants must choose one of the following investment options: R2,5 million (approx. US$ 145,000 as of 2024) in Business Cash Investment; R5 millon (approx. US$ 290,000 as of 2024) Business Capital Contribution+Investment Duration: The investment must be maintained for the entire duration of the visa+The capital requirements may be reduced or waived for businesses in the following areas: Information and communication technology, Clothing and textile manufacturing, Chemicals and bio-technology, Agro processing, Metals and minerals refinement, Automotive manufacturing, Tourism and Crafts+Employment Requirements: Must employ at least 60% South African citizens or permanent residents. This requirement must be met within 12 months of visa issuance and employees must be permanently employed in various positions+Additionally, applicants must get recommendation from Department of Trade and Industry, prove business feasibility and demonstrate contribution to national interest

PROCESS

Economic Residency Process

#1

Initial Assessment

• Verify investment capacity

• Review investment options

• Complete preliminary eligibility check

#2

Investment Selection

• Choose qualifying investment type

• Perform due diligence on investment options

• Engage legal/financial advisors

#3

Application Preparation

• Gather source of funds documentation

• Prepare investment documentation

• Complete background verification

• Obtain required certifications

#4

Investment Execution

• Make qualifying investment

• Obtain investment verification

• Complete any required registrations

#5

Submission & Approval

• Submit residency application

• Complete biometrics (if required)

• Receive residency card/approval

Start now by taking our free assessment

START ASSESSMENT

PROCESS

Timeline for South Africa - Economic Residency

DOCUMENTS

Documents Needed for South Africa - Economic Residency

Important Notes
• All documents must be original or certified copies
• Non-English documents require certified translations
• Documents must be apostilled where applicable
Personal Identification Documents
Core identity documents required from the applicantis is some text inside of a div block.

Passport+One recent passport-sized photograph+Biometrics

Vital Records Documents
Birth, marriage, and death certificates from applicant and ancestors

Marriage certificate and birth certificates of dependents (if applicable)

Proof of Residence Documents
Evidence of current residence status

Not applicable

Criminal Clearance Documents
Background check documentation

Original FBI Certificate (full criminal background check report) and original police clearance certificate from each country where the relevant applicant resided for 12 months or longer after attaining the age of 18 years (for the last 5 years) in respect of criminal records or the character reference of the applicant (the certificate should not be older than six months at the time of its submission)

Financial Documents
Proof of payment and financial requirements

Proof of Investment: Bank statements or other documents verifying the investment+Property purchase agreement or business investment documents+Proof of Funds: Documentation demonstrating the source of the investment funds (e.g., tax returns, bank statements).

DOCUMENTS

Costs Associated with South Africa - Economic Residency

Pre-Application Costs
Essential document preparation and verification costs

Birth certificates from government archives; Marriage certificates for family dependencies; Police clearance records from current and past residences

Certified translations into official language(s); Apostille certification; Government-issued document legalization

Diploma and transcript verification; Professional certification authentication; Credential evaluation services

Government Application Fees
Official fees charged by government authorities

Initial application submission fee; Processing and handling charges; Administrative review fees

$127

Fingerprint collection fee; Digital photograph requirements; Biometric data processing

Required medical examinations; Vaccination verification; Health certificate processing

Post-Submission Costs
Costs after submitting your application

Document verification fees; Background check processing; Application status updates

Consulate visit expenses; Interview travel costs; Temporary accommodation (if required)

Language proficiency testing; Skills assessment fees; Additional document requests

Professional Services
Optional external support services

Immigration lawyer consultation; Document review services; Legal representation fees

Tax planning consultation; Asset transfer advisory; Investment planning services

Relocation services; Property search assistance; Settlement support services

Post-Acceptance Costs
Costs after approval

Residency card processing; Passport issuance fees; Registration certificates

Oath ceremony fees; Registration charges; Local authority fees

Renewal fees; Status maintenance costs; Annual reporting fees

Rankings

GlobalPassport™ Mobility Asset Index

55

Classificação geral

Cost

Based on application fee

Residency Requirements

Based on residency requirements

Residency Privileges Length

Based on programs’s term

Processing Speed

Based on estimated processing time

Requisitos de elegibilidade

Based on entry requirements

Program Stability

Based on years of activity

Time to Permanent Residency

Based on permanent residency timeline

Rankings

Global Rankings/ Comparisions

Safety

South Africa

142

Custo de vida

South Africa

78

Quality of Life

South Africa

57

Healthcare Quality

South Africa

125

Internet Speed

South Africa

98

Human Freedom

South Africa

73

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DICAS E TUTORIAIS

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